Settlement Expense Loan Program (SELP) (MD): Up to $10,000
Baltimore County Department of Housing and Community Development · Baltimore County, Maryland
At a glance: Up to $10,000, forgivable loan (forgiven if you meet the terms). First-time buyer: Required. Checked against the official page on Nov 3, 2026.
| Assistance type | Forgivable loan — Forgiven if you meet the terms |
|---|---|
| Amount | Up to $10,000 |
| Income limit | Not verified on the official page — check the source |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Required |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | Deferred loan, forgivable if you live in the home through the affordability period. Only for existing homes in designated Community Conservation Areas. Apply through a county housing counseling agency before signing a contract. |
| Official source | https://www.baltimorecountymd.gov/departments/housing/housing-opportunities/ (opens in new tab) |
| Last checked | Nov 3, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other Maryland programs
- Montgomery County Housing Assistance Fund (McHAF) — Up to $25,000
- Mortgage Assistance Program (MAP) — Deferred loans up to $50,000
- MMP 1st Time Advantage 6000 — $6,000
← All Maryland programs · Check eligibility · Compare with other programs
Common questions
How much is Settlement Expense Loan Program (SELP)?
Up to $10,000 (per the official page, checked Nov 3, 2026).
Is Settlement Expense Loan Program (SELP) a grant or a loan?
Forgivable loan: forgiven if you meet the terms.
Do I have to be a first-time homebuyer for Settlement Expense Loan Program (SELP)?
Required.
How does Settlement Expense Loan Program (SELP) work?
Deferred loan, forgivable if you live in the home through the affordability period. Only for existing homes in designated Community Conservation Areas. Apply through a county housing counseling agency before signing a contract.
Is Settlement Expense Loan Program (SELP) still available in 2026?
The official page listed it as offered when we last checked on Nov 3, 2026. Funding can change, so confirm with the administrator.
Who runs Settlement Expense Loan Program (SELP)?
Baltimore County Department of Housing and Community Development, Baltimore County, Maryland. Apply through the program or one of its participating lenders.
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